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Magna International

Summer Student, Finance Projects

Posted 2 Hours Ago
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Hybrid
Newmarket, ON
Entry level
Hybrid
Newmarket, ON
Entry level
Assist in M&A initiatives, financial modeling, industry analysis, and support project coordination for various strategic initiatives while collaborating with cross-functional teams.
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What we offer:
At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.
Group Summary:
The Mechatronics, Mirrors and Lighting group specializes in automotive technologies that are driving the future of mobility. Combining a deep systems knowledge to develop unique vehicle access experiences, intelligent visions systems and advanced automotive lighting technologies, MML's expertise light the path to innovation, safety and styling.
Job Responsibilities:
SALARY RANGE: $20 - $25 hourly. Rates are based on a schedule determined by the number of semesters completed.
RESPONSIBILITIES:
GENERAL
  • Assist in project-based M&A initiatives, including research, financial modeling, valuation, and due diligence support for potential acquisitions or divestitures
  • Support initiatives driven by the Office of the President, including preparing presentations, reports, and analyses for senior leadership
  • Conduct industry and market analysis to inform project decisions and strategic planning
  • Collaborate with cross-functional teams (corporate development, finance, legal, operations) to coordinate project activities
  • Track progress of ongoing projects, prepare summaries, and assist in managing timelines and deliverables
  • Help gather and analyze data relevant to strategic projects, providing insights and recommendations
  • Contribute to ad-hoc projects and special assignments as needed by senior management
  • Upholds the principles of the Magna Employee's Charter, Magna's Operational Principles, Magna's Environmental Health and Safety Policy & Procedures, MML Quality Policy, Program Execution Process and Business Protocols. Must understand and respect the laws and cultures in countries which Magna conducts business & Magna compliances.
  • Additional duties and responsibilities as assigned

FINANCIAL RESPONSIBILITY
  • Budget responsibility
  • Must understand and comply the laws and cultures in countries which Magna conducts business & Magna compliances.
  • Involvement in financial matters is on a level of providing data only and/or making recommendations.

LEADERSHIP RESPONSIBILITY
  • No direct supervision of incumbents and/or work units/departments.

HEALTH, SAFETY AND ENVIRONMENTAL RESPONSIBILITY
  • Ensure all safety and non-safety rules and regulations are followed
  • Ensure adherence to established quality and housekeeping standards
  • Review and adhere to MML's health and safety, environmental, and quality standards, operating procedures, and policies
  • Respond immediately to items brought to his/her attention with respect to hazards, defects or non-compliance issues
  • Understand and uphold the policies that prohibit workplace violence and harassment
  • In addition to the above, the duties include those specified under the Occupational Health & Safety Act

QUALIFICATIONS:
EDUCATION:
  • Currently pursuing a Bachelor's degree in Finance, Economics, Business Administration, or related disciplines

KNOWLEDGE, SKILLS, & ABILITIES
  • Strong analytical and critical thinking skills applicable to project work
  • Proficiency in Microsoft Office (Excel, PowerPoint, Word)
  • Some experience with financial modeling and valuation techniques preferred
  • Excellent communication skills, capable of preparing clear presentations and reports
  • Ability to manage multiple tasks, prioritize effectively, and work independently

WORKING CONDITIONS:
  • The majority of the job is performed in a standard office environment with minimal risk or harmful elements.
  • Occasional visits to manufacturing facilities
  • Job requires dealing with confidential and sensitive information and situations.
  • Job requires handling of stressful situations
  • Valid Driver's License required

CORE COMPETENCIES
  • Think Strategically
  • Act Decisively
  • Think Top and Bottom Line
  • Prioritize Achievement
  • Be Agile and Adapt

Awareness, Unity, Empowerment:
At Magna, we believe that a diverse workforce is critical to our success. That's why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email or traditional mail to comply with GDPR requirements and your local Data Privacy Law.
AI-Assisted Screening Disclosure
As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies.
Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making.
If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.
Worker Type:
Student / Co-Op
Group:
Magna Mechatronics, Mirrors & Lighting

Top Skills

Excel
MS Office
PowerPoint
Word

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